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the matters as we count down to the closing bell. >>> boston market on the business of thanksgiving. much more "squawk on the street" straight ahead. nobody said an inkjet had to be slow. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. ♪ >>> about six minutes before the opening bell rings on wall street. let's bring in art cashin of the ubs financial services. on the day of the rally we had great headlines about the fiscal cliff. today there might be speed bumps and we're looking to open lower. looks like a long month ahead for
factor right now especially close to new england. i'm south of boston. take a look. you have the boats in the water and that water is churned up. the winds consistent, 30, 40, close to 50 miles per hour sustained. over the last several hours. seen gusts still clocking in at 60 miles per hour. we had a report out towards the cape of 60 miles per hour and nantucket with a peak wind gust of 68 miles per hour and seeing reports with the consistent winds of some coastal flooding including high water over the roads in nantucket. a few trees down and led to scattered power outages. you can see behind me, higher water this morning and we are now not at high tide and not seeing the stray come up and over. that was a concern, as well. when's interesting about this storm is winding down and pulling away, wind is still going to be such a huge factor. easing winds means 20 to 30 miles per hour as we get in to the evening opposed to 40 or 50 miles per hour. but that's going to be the case even going through the end of the day today. snow not so much an issue along the coast. it's been the wind and t
for what he does and real commitment. >> reporter: nearly 30 years ago cook founded boston beer company maker of sam adams. >> nobody would lend me money when i started sam adams. >> reporter: now he is trying to help other food and beverage start-ups. his samuel adams brewing the american dream fund has provided over 200 loans, averaging $8,000 apiece. claiming to creator saved 1300 jobs. >> i received $15,000 loan. and i'm going to be paying it over the next five years. >> reporter: interest rates average 8%. and cook says the default rate sunday 5%. the fund teams with local economic developers to find the right start-ups. >> we have 250,000 entrepreneurs here in l.a. it has been said lay slay a small business capital of the country. and it is. >> check e-mail. >> edward is using his loan to open a storefront with plans to hire up to eight people. in an economy where traditional jobs and loans seem harder to come by, jim cook wants to support promising people scooping out a new path. >> while you have your ups and downs, you know, if you really loved what you do, you never work a day
Search Results 0 to 2 of about 3